Rippleshot’s Post

Why should financial institutions consider a FRAML approach to anti-money laundering and fraud? Our top five benefits of FRAML, all explored in more detail in our PDF and article, are: - Enhanced Compliance and Risk Management - Improved Detection of Financial Crime - Cost Efficiency - Enhanced Customer Experience - Adaptability to Emerging Threats Find the full article at: https://lnkd.in/dtqGPEsZ Alternatively, request a demo to see how Hawk can help your organization enable a FRAML approach, visit https://hawk.ai/ #fincrime #aml #framl #fraud #ai #artificialintelligence #financialinstitutions

Build or buy? Perennial question - nice piece by Simon Brady, of 1LoD, explaining the challenges faced by the mid tier participants - perhaps they are paying their vendors too much? Check out Scila for great ROI. #surveillance #compliance #banks #finance #trading #multiasset #ai #machinelearning

Does your role involve empowering your payments strategies to generate higher revenue? Does your #fraudprevention strategy include a 360-degree overview of the transaction and network intelligence? Are you planning to attend the #FraudLeadersSummit in July? Don't forget to attend the opening day where ACI's Cleber Martins explains why these are critical components during his July 2 9:30 BST #FraudLeadersSummit Future of Fraud panel. Click here to reserve your spot! https://aciw.co/4cxhxIw #payments #fraud #fraudintelligence #Intelligence #scams #risk #orchestration #AI

🔍Stop Scams UK Summit on AI and Fraud at the Bank of England   We're thrilled to announce a significant development in our mission to stay ahead of the scammers. Stop Scams UK is hosting a Summit on AI and Fraud Prevention at the Bank of England this Friday the 6th of October.   This event underscores our commitment to driving change in the field of fraud prevention and advancing our mission to fight the #scamsemergency.   🌐What's on the Agenda?   Distinguished speakers including Bank of England Governor Andrew Bailey and tech expert Rory Cellan-Jones, will share insights and perspectives on AI's role in fraud prevention. We'll also unveil research findings from PWC who have interviewed our members about their experience on the front line.   The event brings together influential figures from government, regulatory bodies, industry leaders, and tech experts. It's an opportunity for us to shape the future of AI in the fight against fraud.   🌐Why It Matters   Our mission is clear: to stop scams at source. This event represents a unique opportunity to showcase the power of collaboration, bringing people together to test ideas on whether AI is to be feared or harnessed for good.   Stay tuned for an update with key take-aways from the Summit here.   #StopScamsUK #AI #FraudPrevention #BankOfEngland #AIandFraud #Leadership

From a strategic viewpoint, combating banking fraud is about foresight and collaboration. Our latest white paper at NetGuardians not only explores current fraud trends but also the importance of unified efforts against these threats. Proud to be part of this vital initiative. You can learn more about our collaborative approach – Community Scoring & Intelligence and latest in financial fraud here: https://hubs.la/Q02g__Yj0 #BankingFuture #fraudtrends #frauddetection #AI #netguardians #csi

With AI-driven identity fraud on the rise, prioritizing data-based verification becomes imperative to safeguard against illicit activities. Read this insightful piece by Daniel Flowe, Head of Digital Identity Strategy at LSEG to learn more: https://lseg.group/4aijBCR LSEG Risk Intelligence #fintech #AI #identityverification #innovation

Join us for an eye-opening webinar with Travelex and FINTRAIL to discover how #AI is reshaping AML in Finance!

We’re hosting a peer-to-peer roundtable at the Transform Finance #TransformFinance#TransformFinance#TransformFinance FinCrime and Cybersecurity Summit in Sydney on “Navigating Sanction Risks: Enhancing Financial Crime Compliance with AI”. Our APAC Lead Data Scientist, David Lehmani will be moderating this session and will discuss: 🤖 Leveraging AI for Financial Crime: Explore how artificial intelligence can enhance financial crime detection and compliance capabilities 🌍 Navigating Industry-Wide Sanction Challenges: Understand the broader sanction-related issues facing the industry and strategies to address them 🔧 Optimizing Investigator Resources: Learn effective methods to maximize the efficiency and impact of limited investigator resources in managing sanction risks Comment “VIP” below and we’ll share with you our VIP code to register to the event for free! https://lnkd.in/g8fpquNk #SymphonyAIFinancialServices #Compliance #AML #FinancialCrime #GenAI

In the race to win market share, many major banks are in accelerated growth mode. They are taking more risk onto their balance sheets, contending with disintermediation from new market entrants, actively recruiting customers in new and emerging verticals, and are powering low-touch, digital engagement. Against this backdrop, Chief Risk Officers play a critical role in prioritizing a risk-aware culture, promoting resilience and adaptability - all while safeguarding long-term business success. But it's not as simple as it sounds... In his Finextra, my good friend, and Quantexa's Global Head of Fraud Solutions, Ivan Heard explores the evolving and increasingly complex role of the #CRO, and why #AI-enabled decision intelligence solutions can provide a clearer view of risk based on trusted #data. Read it here first: https://okt.to/ex2tYb #DecisionIntelligence #CRO #Fraud

Join our webinar, in partnership with Jumio Corporation, covering AI’s impact on the landscape of fraud prevention https://hubs.li/Q01-w1W30. With the help of our industry experts, moderator Polly Jean Harrison guides the discussion through how AI is changing the landscape of fraud prevention, examining real world examples, trends and best practices to stay ahead of the curve in this ever-changing landscape Our panel is made up of the best and brightest in the industry: Stuart Wells, CTO at Jumio Corporation Kevin Lee VP, Trust and Safety at Sift Christopher Gerda, Risk and Fraud Prevention Officer at Bottomline Technologies. Click the link to sign up for the webinar https://hubs.li/Q01-w1W30. #jumio #fintech #identityverification #compliance #riskmanagement #ai #fraudprevention